Participating in DELTA Summit, a blockchain and digital innovation conference held in Malta, Paribu representatives had interviews about regulatory activities on digital assets trading platforms and sectoral developments. Paribu representatives met prominent figures in the sector including Silvio Schembri, the Junior Minister for Financial Services, Digital Economy and Innovation of Malta.
Held from October 2nd to October 4th, 2019 under the leadership of the Government of Malta, which continues to make efforts to become one of the leading countries in the regulation of cryptocurrency markets, DELTA Summit hosted representatives of various institutions and organizations from around the world.
Various subjects such as areas of use of blockchain technology, payment by cryptocurrencies, and the regulation of digital assets trading platforms were discussed in DELTA Summit. In the summit, new initiatives in cryptocurrencies were discussed and activities on cryptocurrency payment systems by credit card were evaluated.
Among the spokespersons in DELTA Summit were Joseph Muscat, the Prime Minister of Malta, and Silvio Schembri, the Junior Minister for Financial Services, Digital Economy and Innovation.
Yasin Oral, the CEO of Paribu, exchanged views with the Minister Silvio Schembri. Schembri stated that Malta, an EU member country, was a leading country in the regulation of the sector. Stating that the size of the cryptocurrency market in Turkey had a significant potential, Schembri emphasized that Malta leaned towards cooperation with Turkey in this respect.
Evaluating the latest initiatives in digital innovation with Charles Scerri, the President, Christopher Agius, the director, and Baran Fidanboy, the consultant, of CSA Group based in Malta with licensing authority, Paribu representatives discussed the details of licensing. Paribu representatives received information from the officials of Malta Financial Services Authority on obtaining a license.
Exchanging views with Alexandre Dreyfus, the CEO of Chilliz, and Andy Cheung, the operation manager of OKEx, Paribu representatives also discussed the current condition of cryptocurrency markets with Mark Bugeja, the president of Techt.mt, created by the Government of Malta and the Malta Chamber of Commerce, to carry out activities for developing strategies on technology and innovation.
Paribu representatives also met Dr. Abdalla Kablan, the entrepreneur and financial technology specialist, who participated in the organization of DELTA Summit.
Yasin Oral received information on the sectoral growth and the future of the payment platform from the executives of GoCrypto, currently carrying out activities to enable payment by cryptocurrencies in stores.
Paribu representatives discussed security with Elliptic and the wallet services with Atomic Wallet, both of whom were among the participants. The representatives also exchanged information with the officials of various brands such as crypto.com, BitBay, NEO, OKEx, Binance, and Bibox.
Notes from DELTA Summit:
- Within the scope of the summit, Teigi Lee, the marketing director of OKEx, Dana Farrugia, the CEO of Tech.mt, Susan Oh, the Founder and the CEO of Muckr AI, Sheila Kavanagh, the CTO of Vodafone Malta, and Caroline Paris, the blogger, participated in the conference called the “Breaking the Glass Ceiling”. The participants discussed the activities carried out to fight against the gender inequality in the sector.
- Steve Wozniak, one of the co-founders of Apple, and Changpeng Zhao, the CEO of Binance, who were listed as a spokesperson in the program, did not attend the summit.
- While 4,000 people participated in the summit last year, the number of participants in the summit was reported as 10,000 this year.
- Commissioning 14 government agencies for licensing procedures of digital assets platforms, the Government of Malta becomes prominent with its dynamic bureaucracy and efforts in digital innovation, and actively contributes to the development of the sector thanks to the Blockchain School founded and activities organized.
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